NOT LISTED FOR SALE

16-18 Loomis St Burlington, VT 05401

Old North End Neighborhood
7 Beds
7 Baths
3,531 Sq Ft
7,405 Sq Ft Lot

Last Sold September 27, 2023

Last sale price $1,100,000 $312 Per Sq Ft

4 Days on Market

Highlights

  • Hot Water Heating System
  • High Speed Internet
  • Walk-Up Access

About This Home

As of September 2023

Prime 7-unit Burlington apartment building well-located at 16-18 Loomis St. Tenants pay separate utilities, strong upside on rents. Large lot with ample parking. Near UVM and Downtown.

Last Agent to Sell the Property

Lipkin Audette Team

Coldwell Banker Hickok and Boardman Listed on: 07/25/2023

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Lipkin Audette Team

Coldwell Banker Hickok and Boardman Listed on: 07/25/2023

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,293

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Vinyl Siding

Interior Spaces

  • 7 Full Bathrooms
  • 3,531 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Walk-Up Access

Schools

  • Assigned Elementary School
  • Burlington High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Water Heater
  • High Speed Internet

Community Details

Overview

  • 7 Units

Building Details

  • 8 Separate Gas Meters
  • Operating Expense $29,683
  • Gross Income $75,300
  • Net Operating Income $45,617

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,293

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Right off of North Union onto Loomis Street. Property is second on your left.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 311.53
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5378
  • Sq Ft - Apx Total Finished: 3531
  • Year Built: 1920
  • Remarks Public: Prime 7-unit Burlington apartment building well-located at 16-18 Loomis St. Tenants pay separate utilities, strong upside on rents. Large lot with ample parking. Near UVM and Downtown.
  • List Agent: 282798
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 3531
  • Sq Ft - Apx Unfinished BG: 1847

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Clapboard, Vinyl
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: VT Gas
  • Sewer: Public
  • Water: Public
  • Water Heater: Owned
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water
  • Electric Company: Burlington Electric
  • Total Electric Meters: 8
  • Total Gas Meters: 8
  • Utilities: High Speed Intrnt -Avail

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Burlington School District
  • Elementary School: Assigned
  • High School: Burlington High School
  • Elementary School: Assigned
  • High School: Burlington High School

Lot Info

  • Lot Sq Ft: 7405
  • Lot Acres: 0.17
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: RM
  • Deed Book: 611
  • Deed Page: 564-565
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 75300
  • Net Income: 45617
  • Total Full Baths: 7
  • Total Units: 7
  • Total1 Bedroom Units: 7

Tax Info

  • Tax Year Notes: 2023-2024
  • Tax Gross Amount: 15293.08
  • Tax Year: 2023

MLS Schools

  • School District: Burlington School District

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $1,100,000 -6.4% $312 / Sq Ft
07/29/2023 07/29/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $1,175,000 -- $333 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lipkin Audette Team

    Seller's Agent in 2023

    Lipkin Audette Team

    Coldwell Banker Hickok and Boardman

    (802) 846-8800

    104 in this area

    1,126 Total Sales

    Lipkin Audette Team
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Map

Source: PrimeMLS

MLS Number: 4962757

PrimeMLS

APN: (035) 044-3-221-000

Vermont Chittenden County Burlington 05401 Old North End

16-18 Loomis St, Burlington, VT

This home is located at 16-18 Loomis St, Burlington, VT 05401 since 25 July 2023. This property was built in 1920. 16-18 Loomis St is a home located in Chittenden County with nearby schools including Edmunds Elementary School, Edmunds Middle School, and Burlington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

PrimeMLS Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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